What is a high-tech park? What types of high-tech activities in high-tech zones are there according to the law?

What is a high-tech park?

Pursuant to Clause 1, Article 31 of the 2008 High-Tech Law, the regulations on high-tech parks are as follows:

Technology parks high

1. High-tech park is a place where research, development and application of high technology is concentrated and linked; high-tech incubation, high-tech business incubation; training high-tech human resources; manufacturing and trading high-tech products, providing high-tech services.

Thus, a high-tech park is an area specializing in research and development, application of high technology, incubation of high-tech businesses, training of high-tech human resources, production and sales of products, and provision of high-tech services.

At the same time, based on Clause 2, Article 31 of the 2008 High Technology Law, it is stipulated that high-tech zones have the following tasks:

– Carry out high technology research, application and development activities; high-tech incubation, high-tech business incubation; manufacturing high-tech products, providing high-tech services;

– Linking research activities, applying high technology, training high-tech human resources, and producing high-tech products;

– Training high-tech human resources;

– Organize fairs, exhibitions, and demonstrations of high-tech products from research results and high-tech applications;

– Attract domestic and foreign resources to promote high-tech activities.

What types of activities are there in high-tech zones?

According to Article 27 of Decree 10/2024/ND-CP stipulating the types of high-tech activities in high-tech zones as follows:

– High-tech research and development;

– Application of high technology;

– Incubating high technology, incubating high-tech businesses;

– Training high-tech human resources;

– Fairs, exhibitions, high-tech demonstrations, demonstrations of high-tech products from research results, high-tech applications, and high-tech transfer;

– Production and sales of high-tech products;

– Providing high-tech services.

What conditions must be met to establish a high-tech park?

According to Clause 3, Article 31 of the 2008 High Technology Law, the conditions for establishing high-tech zones are stipulated as follows:

– In accordance with the State’s policy on developing high technology, high-tech industry and the above tasks;

– Has an appropriate area, convenient transportation location and links with highly qualified research and training facilities;

– Convenient technical infrastructure and services to meet the requirements of high technology research, application and development activities; high-tech incubation, high-tech business incubation; trial production of high-tech products; providing high-tech services;

– Has human resources and a professional management team.

The Ministry of Science and Technology shall preside over and coordinate with relevant ministries, ministerial-level agencies, and People’s Committees of centrally-run provinces and cities to submit to the Prime Minister a decision on the establishment and promulgation of operating regulations of high-tech zones.

What principles do investment projects implementing high-tech activities in high-tech zones need to meet?

Pursuant to Article 28 of Decree 10/2024/ND-CP stipulating principles for investment projects implementing high-tech activities in high-tech zones

– Objectives and content of activities of the Investment projects consistent with the tasks of the high-tech park specified in Clause 2, Article 31 of the 2008 High Technology Law;

– Apply environmentally friendly and energy-saving measures;

– In accordance with the planning, ability to provide technical and social infrastructure of the high-tech park and relevant legal regulations;

– The investor proposes an investment project that has financial capacity or mobilizes other legal resources to meet the requirements for investment capital to build, maintain and operate the project; have technological capacity and management capacity, ensuring the construction and implementation of investment projects according to schedule and plan.

– Prioritize investment projects with a capital investment rate (project investment cost per unit of land area) higher than the average investment capital rate in that functional area.

– In addition to meeting the principles specified in Clauses 1, 2, 3, 4, Article 28 of Decree 10/2024/ND-CP, each type of investment project must meet the corresponding criteria for each type specified in Clause 2, Article 29, Clause 2, Article 30, Clause 2, Article 31, Clause 1, Article 32 and Clause 1, Article 33 of the Decree. 10/2024/ND-CP.

Accordingly, in addition to meeting the principles of Clauses 1, 2, 3, 4, Article 28 of Decree 10/2024/ND-CP, each type of investment project must meet the corresponding criteria for each type, specifically:

+ Investment projects in high-tech research and development facilities in technology parks high;

+ Investment project for high-tech human resource training activities in high-tech zones;

+ Investment project for high-tech incubation facilities and high-tech business incubation;

+ Investment project for applying high technology to produce high-tech products;

+ Supply investment project High-tech service application.

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